Guidance / Model Forms Issued for Required Health Care Reform Law Notices
From NADA Director’s Update
The U.S. Department of Labor (DOL) on May 8 provided “temporary guidance” regarding the written notice employers are required to provide to their employees under the Patient Protection and Affordable Care Act (PPACA). PPACA requires that applicable employers must provide each employee with a written notice providing the employee with information about the state and federally-facilitated health insurance exchanges and how to request assistance, describing the availability of a premium tax credit (if applicable) and outlining the implications for the employee if they choose to purchase a qualified health plan through an exchange. The notice requirement was originally scheduled to take effect on March 1, 2013, but subsequent guidance has indicated that the timing for distribution of notices will be the late summer or fall of 2013 in coordination with the open enrollment period for exchanges.
Along with technical release, the following model notices have also been issued by the DOL:
- Model notice for employers who offer a health plan to some or all employees (http://www.dol.gov/ebsa/pdf/
- Model notice for employers who do not offer a health plan (http://www.dol.gov/ebsa/pdf/
- COBRA model election notice (http://newsmanager.
commpartners.com/nadah2/ downloads/modelelectionnotice. doc); and
- COBRA model election notice redline version (http://newsmanager.
commpartners.com/nadah2/ downloads/ modelelectionnoticeredline.doc ).
Dealers should consult their health care consultant, insurance carrier or other outside professional to determine which form is appropriate for your dealership, and how to properly complete and distribute that form to your employees. For more details, click here: http://www.dol.gov/ebsa/